VTB, Russia's second-largest bank, is making waves by planning to offer direct bitcoin and crypto trading to its clients. This move comes as a response to growing customer demand for actual cryptocurrencies, not just derivatives. Despite the lack of clear regulations, VTB is testing the waters with
Citi has just announced a fresh batch of 276 managing directors. This is the smallest group since 2020, showing a shift in the bank's approach. The new leaders come from different parts of the bank, like markets, banking, wealth, and services. The bank is focusing more on growth in these areas after
In Latvia, a quiet debate is happening among pet owners. It's about something called veterinary biobanking. This is where biological samples from pets are stored and used for research. The goal? To improve the health of animals and maybe even humans. But how much do Latvian pet owners know about thi
The Huione Group, a major player in Cambodia's financial scene, has hit a rough patch. Recently, its banking service, Huione Pay, shut down branches and stopped cash withdrawals. People were seen lining up outside closed doors, hoping to get their money out. This isn't just bad luck; it's the result
In a recent move, House Republicans have put together a detailed report. It talks about how banks are being pushed to cut ties with crypto companies. They call this "Operation Choke Point 2. 0. " The report is 50 pages long. It talks about how regulators are using pressure tactics. These tactics are
The banking world is on the brink of a major shift, moving away from flashy AI experiments to practical, behind-the-scenes improvements. This change is not about creating chatbots that can chat with customers. It is about building systems that can handle complex tasks on their own, like fixing old c
Android users are facing a growing threat from financial malware. These malicious programs can take over a phone, read everything on the screen, and drain bank accounts quickly. Security updates have helped slow some of these threats, but malware creators keep finding new ways to adapt. One of the
The world of banking is undergoing a significant transformation, with embedded finance taking center stage. This approach, which integrates financial services into non-financial platforms, is reshaping how banks operate and compete. The recent report highlights the key trends and strategies that wil
Some of the biggest banks in the U. S. are in the spotlight after a cyber attack hit a company they work with. SitusAMC, which helps manage real estate investments, found out about the breach on November 12. They think some client files might have been exposed. These files include financial records
Fibra Next, a Mexican real estate investment trust, recently attempted to raise funds by selling shares. The goal was to collect around 10 billion Mexican pesos, but they only managed to secure about $400 million. This is less than what they initially aimed for. The company planned to sell 100 mill
